BUSINESS NEWS
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BOG increases Monetary Policy rate to 29.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Monetary Policy Rate by 150 basis…
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Ghana records $752.8m trade surplus in first 2 months of 2023
Ghana recorded a trade surplus of $752.8 million in the first two months of 2023, about 1.0% of Gross Domestic…
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Mobile Money transactions in only 2 months of 2023 hit ¢264.1bn
The total value of Mobile Money transactions in the first two months of 2023 hit ¢264.1 billion, about 72.6% growth…
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China pledges support for Ghana’s debt treatment
Chinese authorities have expressed their commitment to support Ghana to resolve the current short-term liquidity challenges. China will also continue…
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Restore confidence in the economy – GUTA
The president of the Ghana Union Traders Association (GUTA) Dr Joseph Obeng says the country risks suffering a prolonged financial…
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Get financing assurances from creditors, partners before Board approval – IMF to Ghana
The International Monetary Fund (IMF) has indicated that it is necessary for Ghana to secure financing assurances from its partners…
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Fitch Upgrades Ghana’s Long-Term Local-Currency IDR to ‘CCC’
Fitch Ratings, a global credit rating agency, has upgraded Ghana’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’.…
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Mustapha Hamid elected President of African Refiners Association
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid, has been elected President of the African Refiners…
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NPA Boss Touts Downstream Operations Successes
Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has highlighted regulatory measures to ensure stability across…
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Gold Fields, AngloGold rule out merger after Ghana joint-venture deal
Gold Fields and AngloGold Ashanti are not considering a full-scale merger after they agreed to combine their neighbouring Tarkwa and…
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